FreightWaves SONAR

APRIL 13, 2021

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. The incredible insights that accurate data has to offer combats volatility and unearths a clear understanding of what’s actually happening in the market. Those are the founding principles behind SONAR SCI Lane Acuity.

Negotiating Skills 97

Negotiating Skills Optimal Sourcing Sourcing Strategies Data 97

GoShip Blog

JANUARY 19, 2024

Freight shipping, a vital cog in the global economy, is undergoing significant changes. Truck freight rates are at the heart of these transformations, a key factor influencing the logistics and transportation industry. Understanding Truck Freight Rates Truck freight rates are the charges applied for transporting goods by truck.

Cost Reduction 52

Cost Reduction Expense Reduction Price Reduction Trends 52

FreightWaves SONAR

JULY 17, 2023

Third-party supply chain and freight market data has become an important tool for retailers, manufacturers and suppliers who want to redesign their networks, improve strategic planning, benchmark their transportation spend and the service they’re getting in return, and measure the efficiency of their facilities.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Supply Chains Data 52

GoShip Blog

JANUARY 5, 2024

The evolution of cargo tracking from traditional methods to sophisticated digital tools marks a significant leap in how logistics companies manage and monitor shipments. This blog will explore how these tools work, their benefits, and their impact on the logistics industry.

Optimization Software 52

Optimization Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 52

Now, That's Logistics

MAY 4, 2021

Coming off the worst year for air cargo demand since the International Air Transport Association (IATA) began tracking such trends in 1990, the commercial air freight industry is slowing beginning to emerge from the debacle that was 2020 and find its way in the “new normal” operating environment. in 2020 compared to 2019.

Trends 78

Trends Freight Supply Chain Planning Software Sourcing Strategies 78

FreightWaves SONAR

JANUARY 25, 2021

Today, freight load management is a major trouble area for carriers and logistics managers within the shipping industry. And the overall industry trucking trends imply an absolute need to grow more strategically. For managers in the transportation industry, freight load pricing accuracy remains a source of confusion and disruption.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

JANUARY 5, 2021

With the havoc 2020 caused, can shipping trends get any worse? Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal. If a business wants to “thrive” in 2021 abnormalities, it’s essential to consider the top trends to expect through the year. Congratulations and welcome to 2021!

Trends 105

Trends Optimal Sourcing Supply Chain Software Supply Chain Planning Software 105

FreightWaves SONAR

FEBRUARY 10, 2021

Those who find themselves unable to keep up with modern trends often fall by the wayside, making the use of these innovative technologies even more crucial. Carriers currently have a great selection of tools to choose from so that they may further their enterprise. How carriers create data-driven pricing strategies.

White Paper 98

White Paper Optimization Software Data Price Reduction 98

Logistics Business Magazine

MAY 26, 2023

Transport Exchange Group (TEG), a leading UK online freight exchange platform, is helping its members to operate more dynamically and competitively in a highly volatile marketplace with the launch of what it describes as an ‘industry-first’ load pricing data service.

Logistics Network Optimization Software 58

Logistics Network Optimization Software Data Price Reduction Transportation 58

3PL Links

DECEMBER 28, 2023

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Trends 48

FreightWaves SONAR

DECEMBER 22, 2020

Relying solely on manual shipping data analysis continues to yield poor results. And even the freight management analytics of five years ago do not necessarily respond well to today’s shifting and changing market. The old ways of recording, processing and responding to analytical data need a streamlined approach.

Logistics Network Optimization Software 105

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 105

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Th is blog post covers the critical ways strategic partnerships can help supply chain managers achieve optimal OTR management for their freight. Carrier Vetting for OTR Freight . Enabling Data-Driven Decision-Making .

Optimal Sourcing 86

Optimal Sourcing Optimization Software Modeling Software Supply Chain Software 86

FreightWaves SONAR

MARCH 23, 2021

However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. Avoid destinations with a lower likelihood of an empty backhaul One significant aspect of freight management to consider is the risk of empty backhauls. Download the White Paper.

Resource Reduction 98

Resource Reduction Efficiency Cost Reduction Freight 98

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 1, 2021

This struggle can finally come to an end through the use of modern analytics and data management. Such applications of freight technology allow carriers to improve their systems across the board, improving profit margins, reducing load times, streamline shipping, and many more benefits.

Data 76

Data Price Reduction Cost Reduction Expense Reduction 76

Blue Grace Logistics

APRIL 1, 2024

It can be a direct reflection of current market trends, as many publicly traded companies operate within the global supply chain. Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation.

Optimal Sourcing 112

Optimal Sourcing Supply Chain Software Optimization Software Supply Chain Planning Software 112

IoT World Today

MARCH 18, 2020

The recent rise of e-commerce generally – and the powerful influence of e-commerce leader Amazon specifically – changes the rules in freight asset management. A case in point is last-mile delivery, an area where IoT (Internet of Things) data may not yet be fully tapped. Location data is vital to last-mile logistics.

Optimal Sourcing 122

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Design Software 122

FreightWaves SONAR

NOVEMBER 5, 2020

And despite freight market volatility, the freight market continues expanding. According to Globe News Wire , “The Freight and Logistics Market are estimated to grow at a CAGR of approximately 5% during the forecast period.” Measure invoiced rates against market trends. Collect and benchmark carrier performance data.

Modeling Software 105

Modeling Software Optimization Modeling Modeling Freight 105

FreightWaves SONAR

JANUARY 7, 2021

KCH Transportation has six top team members that use the SONAR UI to better manage assets and align the company with market trends. Acting as a hive-mind, the group of six can review market trends individually, discuss the potential impacts, and make the most effective decisions. Faster quoting for spot loads. Peter Lovell.

Case Study 98

Case Study Data Transportation Study 98

CLX Logistics

NOVEMBER 21, 2023

As the freight industry gears up for another year, the whirlwind of uncertainty continues to influence the logistics landscape. When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement.

Optimal Sourcing 67

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 67

FreightWaves SONAR

APRIL 8, 2021

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

Optimization Software 98

Optimization Software Optimization Data Supply Chain Planning Software 98

Turvo

JANUARY 26, 2021

That’s where supply chain data analytics comes into play. What Are Supply Chain Data Analytics and Why Are Supply Chain Leaders Looking to Them. Advanced data recordings and analytics help many leading companies improve their supply chain management teams’ smooth and effective operations.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Software Optimization Software Supply Chain Design 73

FreightWaves SONAR

MARCH 15, 2021

The introduction of this first application within SONAR SCI was built with leaders at companies that spend millions of dollars on freight shipping. Advancements in tender data science and paid market data now power SONAR SCI (Supply Chain Intelligence) Lane Acuity Plus. WHAT IS LANE ACUITY PLUS?

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 98

FreightWaves SONAR

SEPTEMBER 29, 2023

Maintaining control over freight rates has never been easy for shippers. freight market has grown in volume since the July 4th holiday, which is counter to historic trends. The FreightWaves’ SONAR data shows the Outbound Tender Volume Index (OTVI) remains up 25% year-over-year, hardly falling from its pre-July Fourth peak.

Cost Reduction 52

Cost Reduction Negotiating Skills Resource Reduction Capacity 52

FreightWaves SONAR

JUNE 10, 2021

FreightWaves SONAR is releasing new indices – Capacity Trend Market Scores and Capacity Trend Market Direction – to help shippers, carriers and brokers prioritize specific routes daily. Capacity Trend Market Scores Capacity Trend Market Scores are divided into two perspectives – shipper/broker and carrier.

Trends 52

Trends Capacity Outbound Inbound 52

ShipLilly

SEPTEMBER 18, 2020

Mediterranean shipping company’s new self-serve tool. The entry of the Mediterranean Shipping Company (MSC) has added momentum to this trend. The German line Hapag-Lloyd was first to market with an instant quoting tool called Quick Quotes. Some analysts expect that there are many more Asian lines that have this capability.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Tools Digital Production 98

Turvo

DECEMBER 9, 2021

A freight broker TMS has many vital functions that greatly enhance the operations of logistics companies. These digital tools allow organizations to seamlessly share information and automate processes that keep supply chains running smoothly and efficiently. Implementing these powerful tools opens the door to complete visibility.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Optimization Software Logistics Network Optimization Software 72

FreightWaves SONAR

MAY 7, 2024

Traditionally, shipping companies have relied on manual tools and processes, predominantly managing their requests for proposals (RFPs) and bids using simple spreadsheets. This approach is cumbersome and fraught with challenges such as limited visibility, inefficient data management and difficulties in bid analysis.

Optimal Sourcing 64

Optimal Sourcing Optimization Software Supply Chain Software Procurement 64

FreightWaves SONAR

DECEMBER 11, 2020

Co-hosts Kyle Taylor and Luke Falasca focused on freight forecasting during COVID-19 on this episode of #WithSONAR. Subscribers receive near-time market intelligence to improve pre-RFP strategy analysis and can identify new market opportunities with little to none native, historical data. It has been recognized by Inc.,

Video 98

Video Freight Resource Reduction Demo 98

CLX Logistics

NOVEMBER 21, 2023

As the freight industry gears up for another year, the whirlwind of uncertainty continues to influence the logistics landscape. When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 52

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Identify Regional Trends.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Identify Regional Trends.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Parade

MARCH 18, 2021

In this post, we explore truckload pricing tools as an important part of every digital freight brokerage’s operations. This post is , part of a series of posts that aims to shed light on the many new and innovative freight tech solutions that empower freight brokers to transform digitally. Identify Regional Trends.

Negotiating Skills 78

Negotiating Skills Price Reduction Tools Cost Reduction 78

Blue Grace Logistics

MARCH 26, 2024

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.

Negotiating Skills 91

Negotiating Skills Cost Reduction Waste Reduction Inventory Reduction 91

FreightWaves SONAR

JANUARY 5, 2021

Although many carriers have worked diligently towards reducing operational costs and increasing profit margins, there is still work to do for the top for-hire truckload freight carriers to improve. Quite simply, it costs money to ship freight and the amount can vary significantly by region, zone, mode and more.

Cost Reduction 105

Cost Reduction Waste Reduction Expense Reduction Price Reduction 105

The Logistics of Logistics

MAY 15, 2023

They talk about the growing popularity of podcasts in the logistics industry and how podcasting can be a helpful tool for professionals to stay up-to-date on industry trends and insights. That’s why Digital Dispatch is on a mission to help every freight company build a better website that connects your digital sales dots.

Logistics Network Optimization Software 287

Logistics Network Optimization Software Supply Chain Planning Software Logistics After-sales 287